M3F, Inc.
Net seller this quarter
$422M
22
-$54.9M
85.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 WLFC | $151M | 35.88% | 9.40% | -2.3% | Q2 2013 |
 PDLB | $33.9M | 8.02% | 7.02% | -15.2% | Q1 2022 |
 PBFS | $31.1M | 7.37% | 7.33% | -12.1% | Q3 2019 |
 AER | $29.4M | 6.98% | 0.12% | -15.1% | Q1 2025 |
 ASLE | $28.1M | 6.65% | 9.31% | +11.4% | Q4 2024 |
| NODK | $24.4M | 5.78% | 7.60% | -6.1% | Q1 2017 |
 SNFCA | $20.4M | 4.84% | 9.86% | -4.1% | Q1 2018 |
 GDOT | $16.4M | 3.89% | 2.13% | +62.2% | Q1 2026 |
 ALRS | $13M | 3.07% | 1.67% | Not reported | Q3 2019 |
| NFBK | $12.8M | 3.03% | 2.08% | +12.0% | Q2 2013 |
 RBKB | $9.56M | 2.26% | 4.94% | -45.4% | Q2 2020 |
 PKBK | $9.37M | 2.22% | 2.41% | -15.1% | Q4 2021 |
 OPFI | $7.59M | 1.80% | 0.88% | New | Q2 2026 |
 CBFV | $6.51M | 1.54% | 3.38% | +0.2% | Q4 2015 |
 BYFC | $5.29M | 1.25% | 71.28% | +15.4% | Q1 2022 |
 MGYR | $5M | 1.18% | 4.44% | +0.9% | Q2 2013 |
 SSBI | $4.8M | 1.14% | 44.39% | Not reported | Q4 2024 |
| FNRN | $4.39M | 1.04% | 1.49% | New | Q2 2026 |
 PROV | $4.11M | 0.97% | 3.82% | -16.0% | Q4 2015 |
 BSBK | $3.83M | 0.91% | 3.32% | -14.2% | Q1 2020 |
 WASH | $700K | 0.17% | 0.10% | -88.5% | Q4 2025 |
 SHFS | $74K | 0.02% | 2.50% | Not reported | Q2 2023 |
| Q1 2026 | |||||
| WLFC | $115M | 28.58% | 9.98% | Not reported | Q2 2013 |
| PDLB | $33.5M | 8.30% | 8.29% | +8.0% | Q1 2022 |
| AER | $32.6M | 8.09% | 0.14% | +14.2% | Q1 2025 |
| PBFS | $28.8M | 7.15% | 8.26% | +1.9% | Q3 2019 |
| ASLE | $24.8M | 6.14% | 8.43% | +20.0% | Q4 2024 |
| NODK | $21.3M | 5.28% | 8.05% | +7.9% | Q1 2017 |
| SNFCA | $20.8M | 5.17% | 10.28% | -1.6% | Q1 2018 |
 SWKH | $16.9M | 4.20% | Not reported | +16.6% | Q1 2021 |
 BHF | $16.8M | 4.16% | 0.49% | New | Q1 2026 |
| RBKB | $15.6M | 3.86% | 9.06% | -0.5% | Q2 2020 |
| NFBK | $10.5M | 2.61% | 1.86% | Not reported | Q2 2013 |
| ALRS | $9.89M | 2.45% | 1.65% | +1.5% | Q3 2019 |
| PKBK | $9.45M | 2.34% | 2.81% | -2.1% | Q4 2021 |
| GDOT | $8.4M | 2.08% | 1.32% | New | Q1 2026 |
| CBFV | $5.86M | 1.45% | 3.38% | +4.5% | Q4 2015 |
| WASH | $5.57M | 1.38% | 0.87% | Not reported | Q4 2025 |
| MGYR | $4.91M | 1.22% | 4.39% | +1.3% | Q2 2013 |
| SSBI | $4.74M | 1.17% | 44.39% | Not reported | Q4 2024 |
| PROV | $4.59M | 1.14% | 4.50% | -5.0% | Q4 2015 |
| BSBK | $4.2M | 1.04% | 3.82% | Not reported | Q1 2020 |
| BYFC | $3.45M | 0.85% | 61.79% | +3.5% | Q1 2022 |
| AL | $2.54M | 0.63% | 0.03% | -91.3% | Q1 2025 |
 FBIZ | $1.6M | 0.40% | 0.36% | -49.6% | Q2 2013 |
 WSBK | $312K | 0.08% | 0.26% | -82.9% | Q2 2025 |
 NSTS | $311K | 0.08% | 0.51% | Not reported | Q2 2023 |
| SHFS | $256K | 0.06% | 7.19% | Not reported | Q2 2023 |
 VABK | $220K | 0.05% | 0.11% | New | Q1 2026 |
 AUBN | $218K | 0.05% | 0.26% | Not reported | Q2 2021 |
| Q4 2025 | |||||
| WLFC | $91.9M | 25.23% | 9.94% | +11.8% | Q2 2013 |
| PDLB | $30.3M | 8.33% | 7.69% | -17.7% | Q1 2022 |
| AER | $30M | 8.23% | 0.12% | Not reported | Q1 2025 |
| AL | $28.8M | 7.91% | 0.40% | -4.2% | Q1 2025 |
| PBFS | $27.4M | 7.53% | 8.11% | +8.0% | Q3 2019 |
| ASLE | $23.6M | 6.48% | 7.03% | +18.9% | Q4 2024 |
| NODK | $20.4M | 5.59% | 7.45% | +4.5% | Q1 2017 |
| SNFCA | $20.1M | 5.53% | 10.44% | Not reported | Q1 2018 |
| SWKH | $14.7M | 4.03% | Not reported | +16.4% | Q1 2021 |
| RBKB | $12.2M | 3.35% | 9.11% | +1.8% | Q2 2020 |
| ALRS | $9.26M | 2.54% | 1.62% | +56.7% | Q3 2019 |
| PKBK | $8.52M | 2.34% | 2.93% | -11.5% | Q4 2021 |
| CBFV | $5.72M | 1.57% | 3.26% | Not reported | Q4 2015 |
| WASH | $4.92M | 1.35% | 0.87% | New | Q4 2025 |
| MGYR | $4.84M | 1.33% | 4.33% | -15.2% | Q2 2013 |
| PROV | $4.77M | 1.31% | 4.67% | -18.2% | Q4 2015 |
| BSBK | $4.17M | 1.15% | 3.82% | Not reported | Q1 2020 |
| SSBI | $4.12M | 1.13% | 44.39% | Not reported | Q4 2024 |
 AVBC | $3.74M | 1.03% | 1.11% | -32.4% | Q3 2025 |
| BYFC | $3.39M | 0.93% | 59.70% | +11.9% | Q1 2022 |
| FBIZ | $3.2M | 0.88% | 0.71% | -11.3% | Q2 2013 |
| WSBK | $1.51M | 0.41% | 1.55% | +74.4% | Q2 2025 |
| NSTS | $345K | 0.09% | 0.51% | -30.0% | Q2 2023 |
| SHFS | $326K | 0.09% | 7.19% | +175.1% | Q2 2023 |
| Q3 2025 | |||||
| WLFC | $83.1M | 23.54% | 8.90% | +6.9% | Q2 2013 |
| PDLB | $33.2M | 9.40% | 9.40% | -2.6% | Q1 2022 |
| AL | $29.8M | 8.44% | 0.42% | +4.4% | Q1 2025 |
| AER | $25.2M | 7.15% | 0.12% | +17.5% | Q1 2025 |
| PBFS | $24.6M | 6.97% | 7.51% | -9.9% | Q3 2019 |
| ASLE | $22.9M | 6.48% | 5.92% | -19.6% | Q4 2024 |
| NODK | $19.9M | 5.63% | 7.10% | +0.1% | Q1 2017 |
| SNFCA | $19.4M | 5.49% | 10.44% | +0.2% | Q1 2018 |
| RBKB | $11.3M | 3.21% | 8.95% | -2.4% | Q2 2020 |
| SWKH | $10.7M | 3.02% | Not reported | +5.0% | Q1 2021 |
| PKBK | $8.28M | 2.35% | 3.24% | -12.3% | Q4 2021 |
| ALRS | $5.81M | 1.65% | 1.03% | +21.1% | Q3 2019 |
| PROV | $5.77M | 1.63% | 5.62% | -8.8% | Q4 2015 |
| MGYR | $5.71M | 1.62% | 5.10% | -16.3% | Q2 2013 |
| CBFV | $5.45M | 1.54% | 3.28% | -6.5% | Q4 2015 |
| AVBC | $4.91M | 1.39% | 1.64% | New | Q3 2025 |
| BSBK | $4.49M | 1.27% | 3.80% | -0.3% | Q1 2020 |
| SSBI | $4.22M | 1.20% | 44.39% | +0.4% | Q4 2024 |
| FBIZ | $3.41M | 0.97% | 0.80% | -31.2% | Q2 2013 |
 BBT | $3.16M | 0.89% | 0.16% | New | Q3 2025 |
 FBLA | $3.06M | 0.87% | 1.28% | -18.8% | Q1 2025 |
| BYFC | $2.93M | 0.83% | 53.33% | +19.0% | Q1 2022 |
 LSBK | $972K | 0.28% | 0.96% | -48.1% | Q2 2023 |
| SHFS | $802K | 0.23% | 3.84% | -59.8% | Q2 2023 |
| WSBK | $788K | 0.22% | 0.89% | +39.2% | Q2 2025 |
 CPBI | $684K | 0.19% | 1.00% | -1.3% | Q4 2023 |
| NSTS | $440K | 0.12% | 0.73% | Not reported | Q2 2023 |